With an aim to make hockey faster and more viewer-friendly, Hockey Australia and infrastructure major LANCO Infratech Limited, on Tuesday, launched a new revolutionary nine-a-side tournament to be held in Perth from October 20 to 23.
Babu had admitted more than once during his interrogation that it was the company's money.
Lanco Infratech Managing Director Venkatesh Prasad was caught with Rs 34 lakh (Rs 3.4 million) in cash at the Hyderabad airport by income tax officials on Saturday.
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